FollowTheCoin

Rethinking BTC Consolidation - Longer Wait??

BITSTAMP:BTCUSD   Bitcoin
Based on the MACD and RSI, it may be better to base the lower support on the recent highs rather than the December low. Historically, when the RSI hits 30 BTC rallies, and the RSI appears to be trailing towards 30 around the same time as the current wedge/triangle concludes. Also, BTC dominance has been decreasing and appears to be on a trail to around 60% market dominance. Let alt season continue!

Previous idea here:
Alt season idea:
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